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Daily Briefing: An Update from the Fed: Coming to the Rescue?
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Daily Briefing: Europe s Vaccine Rejection, Airlines Day in the Sun, and the Tesla Technoking
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When Marin s best transit system reached end of line
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Sam Whiting January 25, 2021Updated: January 26, 2021, 7:10 am
Dimitri Grachis in the doorway of Spatsa Gallery. Photo: John Natsoulas Press
Spatsa Gallery lasted only four years in San Francisco, but they were four crucial years, 1957-1961, as the assemblage art associated with the Beats bridged into the abstract expressionism and cubism of the 1960s. Never a commercial gallery, Spatsa was artist-run by its owner, Dimitri Grachis, who lived in the office behind the storefront on Filbert Street at Fillmore.
Grachis, who closed Spatsa to concentrate on his own career as a minimal geometric abstract painter, died Jan. 9 at the VA hospital in Palo Alto. He was 88. Cause of death was deteriorating lung disease, according to his nephew, George Metropulos of Belmont. Grachis had been living in an apartment in downtown San Mateo for the past 25 years.
Peloton Stock Is Under Pressure as UBS Says to Sell (SPY +0.6%). Goldman earnings top estimates and oil rises on expectations of big US Stimulus package.
Here is the current market situation from CNN Money
North and South American markets are mixed. The S&P 500 is higher by 0.66%, while the IPC is leading the Bovespa lower. They are down 1.82% and 0.71% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Oil Rises On Expectations Of Big U.S. Stimulus Package Oil prices shook off the risk-off trade on Monday and rose early on Tuesday, amid expectations that U.S. Treasury Secretary nominee Janet Yellen will push for a large relief package to support the U.S. economic recovery. As of 10:39 a.m. ET on Tuesday, WTI Crude prices were up 0.92 percent at $52.80 and Brent Crude was trading up 1.92 percent at $55.80. A weaker U.S. dollar also helped the rise in crude oil prices. The dollar slipped from a one-month high early on Tuesday, just before Yel